Short Interest in Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Grows By 30.5%

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) was the recipient of a significant growth in short interest in January. As of January 30th, there was short interest totaling 77,754 shares, a growth of 30.5% from the January 15th total of 59,574 shares. Based on an average daily volume of 176,594 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 176,594 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on HCMLY. BNP Paribas Exane lowered Holcim from a “neutral” rating to an “underperform” rating and set a $16.80 price objective on the stock. in a research note on Thursday, December 4th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Holcim in a research report on Monday, January 12th. Citigroup reiterated a “neutral” rating on shares of Holcim in a research note on Tuesday, January 13th. Jefferies Financial Group downgraded shares of Holcim from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 3rd. Finally, The Goldman Sachs Group cut shares of Holcim from a “buy” rating to a “hold” rating in a research report on Thursday, January 22nd. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Holcim currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.80.

Holcim Stock Performance

Shares of OTCMKTS:HCMLY opened at $18.40 on Wednesday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.49 and a quick ratio of 1.21. Holcim has a 12 month low of $15.14 and a 12 month high of $30.00. The company’s 50-day moving average price is $19.59 and its two-hundred day moving average price is $18.04.

Holcim Company Profile

Holcim is a global building materials and solutions company headquartered in Switzerland that produces and supplies cement, aggregates, ready-mix concrete, asphalt and a range of prefabricated and construction-related products and services. Its offerings are aimed at construction and infrastructure markets, serving contractors, developers, municipalities and industrial customers with materials for residential, commercial and civil engineering projects.

The company traces its modern form to the 2015 combination of Swiss cement maker Holcim and France’s Lafarge, which created one of the world’s largest building-materials groups; the combined enterprise later simplified its name to Holcim.